Bank Of Edmonson County Mortgage Rates, Fees & Info
Brownsville, KYLEI: 549300T68H0CMTF8ZH83
Tax ID: 61-0126130
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Bank Of Edmonson County is a smaller bank specializing in Home Purchase and Refi loans. Bank Of Edmonson County has a high proportion of conventional loans. Their top markets by origination volume include: Bowling Green, Glasgow, Elizabethtown, Nashville, and Owensboro among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Bank Of Edmonson County has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
117Origination Dollar Volume (All Markets)
$20,325,000Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| BOWLING GREEN, KY (FHA|USDA|VA) | 94 | $15,030,000 | $159,894 | $0 | 0.00% |
| Outside of Metro Areas | 13 | $2,345,000 | $180,385 | $0 | 0.00% |
| Glasgow, KY (FHA|USDA|VA) | 7 | $1,195,000 | $170,714 | $0 | 0.00% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 1 | $1,155,000 | $1,155,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| OWENSBORO, KY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Bank of Edmonson County based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 54
Similarity Rank: 102
Similarity Rank: 205
Similarity Rank: 240
Similarity Rank: 279
Similarity Rank: 480
Similarity Rank: 1012
Similarity Rank: 1300
Similarity Rank: 2652
Similarity Rank: 5556
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 117 | $20,325,000 | $173,718 | $0 | 0.00% |
For 2022, Bank Of Edmonson County's most frequently originated type of loan was Conventional, with 117 originations.
Loan Reason
For 2022, Bank Of Edmonson County's most frequently cited loan purpose was Home Purchase, with 68 originations. The 2nd most popular reason was Refi, with 39 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 117 | $20,325,000 | $173,718 | $0 | 0.00% |
For 2022, Bank Of Edmonson County's most frequently cited loan duration was Other, with 117 originations.
Loan Sizing
2022 saw Bank Of Edmonson County place emphasis on $100,000 or less loans with 45 originations, totaling $2,425,000 in origination value.
Applicant Income
Bank Of Edmonson County lent most frequently to those with incomes in the $50k or less range, with 25 originations. The second most popular income band? $50k-75k, with 22 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 117 | $20,325,000 | $173,718 | $0 | 0.00% |
Bank Of Edmonson County lent most frequently to those with DTI ratios of Exempt%, with 117 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 104 | $15,760,000 | $151,538 | $0 | 0.00% |
| Not applicable | 13 | $4,565,000 | $351,154 | $0 | 0.00% |
Approval Rates
Total approvals of all applications98.53%
Bank Of Edmonson County has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination85.47%
Bank Of Edmonson County has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 117 | $20,325,000 | $173,718 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| BANK OF NEW YORK MELLON CORPORATION, THE | Reverse mortgage | Struggling to pay mortgage | 1 | 100.0% |